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The Complexities of Using Ethereum for Simple Wagers: A Case Study on Tossing a Coin for an NFT
Introduction Blockchain technology has often been touted as having the potential to revolutionise various sectors by providing a decentralized platform for secure and transparent transactions. Ethereum, in particular, has been at the forefront, enabling not only financial transactions but also complex applications through smart contracts. However, the use of Ethereum for seemingly simple applications like…
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Quorums & Probabilistic Transactions (PTX).
What is a Quorum? In Hemis, a quorum is a subset of randomly selected Gamemaster nodes who each vote to reach consensus on the outcome of a game round played on the Hemis platform. This article is intended to provide an introduction to the main ways in which Gamemasters and quorums will faciliate game playing…
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Understanding Gamemaster Nodes: A Core Component of the Hemis Ecosystem
Gamemaster nodes are essential to provide the core functionality and decentralization that the Hemis project aims to provide. Gamemasters support gaming and transactional capabilities, aiming for a secure user experience. This post explains Gamemaster nodes, including their operation, requirements, and benefits. Purpose and Functionality Gamemasters, unique to the Hemis blockchain, manage game logic and outcomes.…
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Important Message – Trade Safely!
Financial and Security Guidance for Hemis Token Trading As Hemis tokens are set to start trading on xeggex.com on 8th April 2024, it’s important for our community to trade wisely and cautiously. The cryptocurrency market is unpredictable and requires careful consideration before making decisions. Below are key points to consider for those planning to trade…